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Flex vs Kimball Electronics: revenue, profit, margins and growth compared

Flex brought in $27.9B of revenue in fiscal 2026, Kimball Electronics $1.4B in fiscal 2026. Revenue changed by +8.1% at Flex and -3.7% at Kimball Electronics on the year before, so Flex grew faster. Flex kept 3.2% of its revenue as net profit, Kimball Electronics 2.0%. Free cash flow was $1.1B at Flex and $20.8M at Kimball Electronics.

Side by side, latest fiscal year

FLEXKE
Fiscal year endedFY2026 (March 31, 2026)FY2026 (June 30, 2026)
Revenue$27.9B$1.4B
Revenue growth+8.1%-3.7%
Net income$880M$28M
Net margin3.2%2.0%
Free cash flow$1.1B$20.8M
Free cash flow margin3.8%1.5%
Earnings per share (diluted)$2.33$1.13
Cash$2.4B$88.9M
Debt$3.8B$116.2M
Price to earnings49.224.1
Market value$42.4B$655.8M
Dividend yieldn/an/a
Rank by revenue in sector#27 of 530 · Technology#179 of 530 · Technology

Over the years

Revenue
FLEX FY2019: $26.2BFLEX FY2020: $24.2BFLEX FY2021: $24.1BFLEX FY2022: $24.6BFLEX FY2023: $28.5BFLEX FY2024: $26.4BFLEX FY2025: $25.8BFLEX FY2026: $27.9BKE FY2019: $1.2BKE FY2020: $1.2BKE FY2021: $1.3BKE FY2022: $1.3BKE FY2023: $1.8BKE FY2024: $1.7BKE FY2025: $1.5BKE FY2026: $1.4BFY19FY20FY21FY22FY23FY24FY25FY26
FLEX $27.9BKE $1.4B
Net income
FLEX FY2019: $93MFLEX FY2020: $88MFLEX FY2021: $613MFLEX FY2022: $936MFLEX FY2023: $793MFLEX FY2024: $1BFLEX FY2025: $838MFLEX FY2026: $880MKE FY2019: $31.6MKE FY2020: $18.2MKE FY2021: $56.8MKE FY2022: $31.3MKE FY2023: $55.8MKE FY2024: $20.5MKE FY2025: $17MKE FY2026: $28MFY19FY20FY21FY22FY23FY24FY25FY26
FLEX $880MKE $28M
Net margin
FLEX FY2019: 0.4%FLEX FY2020: 0.4%FLEX FY2021: 2.5%FLEX FY2022: 3.8%FLEX FY2023: 2.8%FLEX FY2024: 3.8%FLEX FY2025: 3.2%FLEX FY2026: 3.2%KE FY2019: 2.7%KE FY2020: 1.5%KE FY2021: 4.4%KE FY2022: 2.3%KE FY2023: 3.1%KE FY2024: 1.2%KE FY2025: 1.1%KE FY2026: 2.0%FY19FY20FY21FY22FY23FY24FY25FY26
FLEX 3.2%KE 2.0%
Revenue growth
FLEX FY2020: -7.6%FLEX FY2021: -0.4%FLEX FY2022: +2.1%FLEX FY2023: +15.7%FLEX FY2024: -7.3%FLEX FY2025: -2.3%FLEX FY2026: +8.1%KE FY2020: +1.6%KE FY2021: +7.6%KE FY2022: +4.5%KE FY2023: +35.1%KE FY2024: -6.0%KE FY2025: -13.3%KE FY2026: -3.7%FY20FY21FY22FY23FY24FY25FY26
FLEX +8.1%KE -3.7%
Free cash flow
FLEX FY2019: -$3.7BFLEX FY2020: -$2BFLEX FY2021: -$207MFLEX FY2022: $581MFLEX FY2023: $315MFLEX FY2024: $796MFLEX FY2025: $1.1BFLEX FY2026: $1.1BKE FY2019: -$31.4MKE FY2020: $34.4MKE FY2021: $91.7MKE FY2022: -$157.1MKE FY2023: -$103.2MKE FY2024: $27.1MKE FY2025: $150.7MKE FY2026: $20.8MFY19FY20FY21FY22FY23FY24FY25FY26
FLEX $1.1BKE $20.8M

Fiscal years as each company reports them; the two may end in different months.

Questions about Flex and Kimball Electronics

Which is bigger by revenue, Flex or Kimball Electronics?

Flex is bigger by revenue: $27.9B in fiscal 2026, against $1.4B for Kimball Electronics in fiscal 2026.

Which keeps more of its revenue as profit, Flex or Kimball Electronics?

Flex had a net margin of 3.2% in fiscal 2026; Kimball Electronics had 2.0% in fiscal 2026.

Which grew revenue faster, Flex or Kimball Electronics?

In their latest fiscal years revenue changed by +8.1% at Flex and -3.7% at Kimball Electronics.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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